New Braunfels Rotary Club Scholarship Fund
- Assets
- $236.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Braunfels, TX
- Founding
- 05/1987
- Data as of
- 06/2022
- EIN
- 74-2438204
Organization Overview
New Braunfels Rotary Club Scholarship Fund is located in New Braunfels, TX. The organization was established in 1987. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Braunfels Rotary Club Scholarship Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, New Braunfels Rotary Club Scholarship Fund generated $23.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $7.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EACH YEAR, APPLICATIONS ARE SOLICITED AT LARGE FROM STUDENTS AT THE THREE COUNTY HIGH SCHOOLS & REVIEWED BY THE ENTITYS SCHOLARSHIP COMMITTEE TO AWARD THREE SCHOLARSHIPS BASED ON NEED & ACCOMPLISHMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Kiesling Past Preside | 1 | $0 | |
Felicia James President | 1 | $0 | |
Chris Humphries President-El | 1 | $0 | |
Steve Rodgers Treasurer | 1 | $0 | |
Lisa Hood Secretary | 1 | $0 | |
Allen White President-El | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,500 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52 |
| Total expenses | $7,552 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $236,773 |
| Other assets | $0 |
| Total assets | $236,773 |
| Total liabilities | $0 |
| Net assets or fund balances | $236,773 |